International Man: Markets have extreme emotions. They can go from irrational exuberance--where it seems everyone is swinging from the chandeliers--to a bottom-of-the-barrel bear market where people don't even want to look at the business section
Well, here we go again. The U.S. House of Representatives just passed a $900 billion stimulus package, and we are being promised that it will provide a real "boost" to the economy.
MSR (Molten Salt Reactor) is a fast or thermal reactor technology cooled by molten salts in the liquid phase and moderated, in most cases, by the graphite. In this technology, the fuel can be in either liquid or solid form.
The World Economic Forum (WEF) was founded fifty years ago. It has gained more and more prominence over the decades and has become one of the leading platforms of futuristic thinking and planning.
One must always be careful to distinguish between a truism, a claim or narrative which is so deeply embedded into the fabric of cultural understanding that it is taken to be an indisputable historical fact, and truth, a continuing, self-evident featu
• https://thefallingdarkness.com, By Andrea Widburg
Yesterday, I expended considerable time and effort to write about "The Great Reset," a leftist movement that imagines a brave new leftist world built around climate purity and socialist economic principles, with wise elites governing the masses.
"Every time I hear a political speech or I read those of our leaders, I am horrified at having, for years, heard nothing which sounded human. It is always the same words telling the same lies.
Increasing speculation about possible further monetary policy measures by the Fed is holding down US treasury yields. Despite the improving outlook for Covid-19 vaccines the virus is resurging and we still have to bridge the period until vaccination
One of the biggest overhauls in monetary policy in recent years was the Fed's announcement at the end of August that the US central bank would target average inflation going forward...
The fundamental failure of policy has been the West's accepance of the privately owned central banking scheme. This meant that private money could then bribe politicians with impunity to pursue their selfish interests. Yet the politicians were of
Demography is destiny, they say.
The early classical economists -- Smith, Ricardo, Malthus, Mill, Marshall, and others -- were keenly interested in the role that the young and the aged played in building wealth.
What Happened: Germany is starting a universal basic income trial where volunteers will get a $1400 dollar payment every single month as part of a study that will compare the experiences of 120 volunteers who receive it to 1,380 people who won't. A
For the second and final time in his political career, Japan's Shinzo Abe said he was resigning the post of prime minister and
head of the ruling Liberal Democratic Party (LDP) due to ulceritive colitis (i.e., severe diarrhea) ending a tenure as t
For our purposes, Fed bugs are people with a faith-based belief in the power of central banks (and central bankers) to engineer economic growth using "monetary policy,"despite decades of history and current evidence to the contrary. They believe ti
The Woozle Effect & Heffalumps in the room
"I shall have to wait until I catch up with it," said Winnie-the-Pooh. "Now, look there." He pointed to the ground in front of him. "What do you see there?"
Patrick Lovell is the producer of 5 part docu-series The Con. The Con is an in-depth investigation into the 2008 financial crisis nine years in the making, Who did it, why it happened and how our country went from "of, for and by the people," to
The ancient city of Alexandria lies on a narrow strip of Mediterranean coast to the west of the Nile delta. To the south is Lake Mariout, which once hemmed in the city rather closely, but has been reduced over the past century as land has been recl
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